26.7 C
Lagos
Tuesday, November 12, 2024

Fashola urges states to recommit to housing development

- Advertisment -

Works and Housing Minister, Babatunde Fashola, has called on state governments to renew their commitment to housing development in order to increase access to affordable housing to the citizenry.

Babatunde-Fashola
Minister of Power, Works and Housing, Babatunde Raji Fashola (SAN)

Fashola made the call in his keynote address at the meeting of the States’ Commissioners responsible for housing matters during the 10th Meeting of the National Council on Lands, Housing and Urban Development held in Lagos State.

The theme of the meeting is: “Housing Development as a Catalyst for JobCreation, Social Inclusion and Economic Development.”

He explained that the inequality among the nations and people can be reduced drastically if the housing need of the poor is considerably addressed in the states.

“These are some of the reasons why I seek to persuade all of you to goback to your States to persuade your Governors to re-commit to housingdevelopment.

“I said re-commit, because I am aware that many states are doing something, but you will agree that there is a scope to improve and scale up.

“One reason why this will require an all of government action is the fact that land is a critical component of capital formation and it is controlled by the states.

“I am persuaded that appropriate, targeted and purposeful use of land, such as for the development of housing by the states and private sector, will unleash prosperity in all states that aggregates to national prosperity,” Fashola explained.

The minister gave an example of Lagos State days of Lateef Jakande and added that the present governor, Babajide Sanwo- Olu, remained an example of what state governments could do to deepen housing supply and reap the benefits that comes with it.

Fashola stated that land and housing was a sub-national matter of jurisdictions, pointing out that what the states do to facilitate processing of land titles, documentation, Certificate of Occupancy and other Geographic Information Services (GIS) details would go a long way in facilitating easy housing delivery.

He informed the meeting that the Federal Government is undertaking a National Housing Programme in 34 states aggregating to about 5,000 housing units, and trying to complete an inherited ministerial pilot housing scheme across the states which had a little over 6,000 units.

Fashola said the decisions to recommit to housing development by state governments would facilitate the creation of variety of jobs because the services of various professionals in the built industry such as town planners and architects would be required.

”Artisans like masons, plumbers, carpenters and food vendors  will not be left out of the value chain of prosperity resulting from economic development.

“When construction actively starts, the economic explosion happens, supplies of sand, cement, reinforcements, roofing, plumbing, painting, and other components get to work.

“This drives a critical business in all ourstates, the micro small and medium enterprises who make or supply  thesebuilding components,“ he said.

In the same vein, he explained that the Federal Housing Authority and Federal Mortgage Bank are also intervening as federal agencies in respective housing development directly through cooperative societies and the provision of development loans and mortgage loans.

In his remarks, Gov. Babajide Sanwo-Olu, while assuring participants at the Council of implementing the recommendations of the meeting, disclosed that the state had begun to implement the commendations agreed on at the 9th National Council on Lands, Housing and Urban Development on making land available for building by providing lands to build a mini city at Imota in Ikorodu Division of Lagos State.

He said the state would develop about 3,500 housing units of two and three bedrooms in phases for civil servants and those in the informal sector, who fall within the category of low income earners and to be acquired at a single digit interest rate mortgage plan that could span a period of 15 years.

He added that his administration was determined to develop decent homes within the states as well as meet the housing needs of the citizens irrespective of their location.

Sanwo-Olu, who said that home ownership was a vital tool for taking people out of poverty, assured the Council that Lagos State would collaborate with the private sector to adopt the monthly rent payment asproposed by the Minister of Works and Housing.

In his vote of thanks, the Permanent Secretary, FMWH, Mr Babangida Hussaini, commended the excellent leadership of the works and housing sectors. He also noted the commitment of Council Members to the 10th Meeting of the National Council on Lands, Housing and Urban Development and urged them to go back and implement the Council Resolution.

By Perpetua Onuegbu

Latest news

Must read

Lukashenko criticises rich nation leaders for skipping COP29, Sánchez says world on path to climate ‘catastrophe’

Belarusian President, Alexander Lukashenko, on Tuesday, November 12, 2024,...

Campaigners react as Starmer unveils UK target for 81% carbon emissions cut by 2035

British Prime Minister, Keir Starmer, has said that Britain...
- Advertisement -spot_img

You might also likeRELATED
Recommended to you

×